NEW YORK, October 7, 2016 /PRNewswire/ --
Companies in the Networking and Communication Devices category create and produce networking equipment and servers for enterprise, commercial, and consumer use. The industry tends to offer dividend yields that are in-line with the wider market. This morning, Stock-Callers.com is looking at the following equities: Finisar Corp. (NASDAQ: FNSR), Palo Alto Networks Inc. (NYSE: PANW), Gigamon Inc. (NYSE: GIMO), and Super Micro Computer Inc. (NASDAQ: SMCI). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Thursday, shares in California headquartered Finisar Corp. recorded a trading volume of 1.40 million shares. The stock ended the session 0.23% higher at $30.91. The Company's shares have surged 30.70% in the last one month, 71.15% in the previous three months, and 112.59% on an YTD basis. The stock is trading 31.12% above its 50-day moving average and 72.75% above its 200-day moving average. Moreover, shares of Finisar, which provides optical subsystems and components for data communication and telecommunication applications in the US, Malaysia, China, and internationally, have a Relative Strength Index (RSI) of 79.11.
On September 19th, 2016, Finisar introduced a new family of 100 Gb/s optical modules extending communication reaches in modern enterprise and hyperscale data center environments. Based on the QSFP28 form factor, the comprehensive portfolio includes an eSR4 transceiver designed for 200 meter reaches, an eCWDM4 transceiver for 10km reaches, and an eLR4) transceiver for 20km reaches. A recent report by the Dell'Oro Group estimated that the Cloud Market for Ethernet Switching is expected to reach $8 billion globally by 2020.
On September 19th, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $32 a share to $36 a share. Visit us today and access our complete research report on FNSR at:
Palo Alto Networks
California headquartered Palo Alto Networks Inc.'s stock closed the day 1.08% lower at $159.60 and with a total trading volume of 1.34 million shares. The Company's shares have advanced 8.33% in the past month and 26.73% over the previous three months. The stock is trading 12.50% above its 50-day moving average and 11.79% above its 200-day moving average. Additionally, shares of Palo Alto Networks, which provides security platform solutions to enterprises, service providers, and government entities worldwide, have an RSI of 70.14.
On September 13th, 2016, research firm Wunderlich resumed its 'Buy' rating on the Company's stock, issuing a target price of $190 per share.
On October 04th, 2016, the company announced that customers implementing its Traps™ advanced endpoint protection offering will meet specific cybersecurity requirements outlined by both the Health Insurance Portability and Accountability Act and the Payment Card Industry Data Security Standard. Independent analysis completed by Coalfire Systems, concludes that organizations in the financial and healthcare sectors can replace legacy antivirus endpoint products with Traps to help prevent cyber breaches while remaining compliant with federal law and industry standards. The complimentary report on PANW can be downloaded at:
Shares in Santa Clara, California headquartered Gigamon Inc. recorded a trading volume of 612,488 shares, and ended yesterday's trading session 0.35% lower at $51.63. The stock has advanced 11.66% in the past month, 29.95% in the previous three months, and 94.32% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.15% and 49.34%, respectively. Furthermore, shares of Gigamon, which designs, develops, and sells products and services that provide customers with visibility and control of network traffic for enterprises and services providers in the US, rest of Americas, Europe, the Middle East, Africa, and the Asia/Pacific, have an RSI of 50.95.
On September 14th, 2016, Gigamon announced the launch of its Sell Smart Incentive Program in the US and Canada, an innovative offering that rewards Gigamon Value Added Resellers for selling qualifying security solutions built on the GigaSECURE ® Security Delivery Platform.
On October 05th, 2016, research firm Raymond James downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Register for free on Stock-Callers.com and access the latest research report on GIMO at:
Super Micro Computer
San Jose, California headquartered Super Micro Computer Inc.'s stock finished Thursday's session 0.86% lower at $22.95 with a total trading volume of 230,043 shares. The Company's shares have advanced 4.60% in the last one month. The stock is trading above its 50-day moving average by 4.72%. Additionally, shares of Super Micro Computer, which together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture, have an RSI of 55.75.
On September 23rd, 2016, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $30 a share to $34 a share. Get free access to your research report on SMCI at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA